With restaurants and bars shutting down across the United States to stop the Wuhan coronavirus shutting from increasing its footprint in the country, America’s service culture is moving online. Consumers who frequent their favorite restaurants and bars can now tip… Read More ›
Uber has sold its online food ordering business in India to Ant Financial-backed Zomato in exchange for a 9.99% stake in Zomato. The deal essentially limits its exposure to the Indian market where it has struggled to grow. The all-stock… Read More ›
Amazon and Walmart are competing to expand their footprint in India – one of their most important growth markets. On Thursday, according to a report from the Economic Times, Amazon.com Inc has engaged in exploratory talks with India’s Reliance Industries… Read More ›
In Wednesday’s annual general meeting, SAP is expected to focus on its restructuring program that will mold it into a digital platform business. On Wednesday, Bill McDermott, the CEO of German business software firm SAP told shareholders that it is… Read More ›
The firm’s strategic decision to voluntarily file an early protection from bankruptcy in October 2018, gave it some much needed breathing room. On Thursday, Steinhoff International stated its Mattress Firm Inc unit, the largest mattress retailer in the United States,… Read More ›
Tencent Music aims to raise $4 billion in its U.S initial public offering (IPO), thus valuing the company at $25 billion. On Monday, China’s Tencent Holdings Ltd, stated it intends to spin off and list its online music business in… Read More ›
Amazon.com’s acquisition of Whole Food Market Inc in 2017 have spurred spurred European retailers to boost their online offering so as to be in a better position to fight the world’s world’s largest online retailer. In a development that marks… Read More ›
While Wal-Mart has struggled to compete in its home ground, its potential tie-up with UK’s Sainsbury Plc and India’s Flipkart promises to be the growth engine it once was. Wal-Mart, the world’s biggest brick-and-mortar retailer is making urgent efforts to… Read More ›
The move by Adecco, the world’s largest temp staffing firm, will enable it to expand its footprint in the online permanent recruitment space, locally as well as internationally. On Tuesday, Adecco, a staffing company, stated it has acquired Vettery, a… Read More ›
With Channel’s core strategy revolving around the exclusivity of its products its digital initiative is likely to differ from that of its peers, including Gucci, Louis Vuitton, who prefer growth through sales, online and offline. On Monday, Channel, a top… Read More ›
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